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-0.00717391304347827 0 0.0478260869565218 -0.0060869565217391 -0.006376811594203 -0.0354347826086956 -0.0797101449275363 -0.0507246376811595
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Society Pass Inc (Nasdaq: SOPA) Announces Evolution of its Business Model, Upcoming Investments in AI-Driven Data Centre and Telecoms Companies [Yahoo! Finance]

Society Pass Incorporated (SOPA) 
Company Research Source: Yahoo! Finance
Nasdaq: SOPA ) (the “ Company ”), Southeast Asia's (SEA) next generation e-commerce ecosystem, today announces the evolution of its business model to re-position itself as an acquirer and operator of AI-driven software and network infrastructure companies located in SEA, Europe and North America. The Company looks to invest in and acquire equity stakes in data centre and telecoms operators over the next few months to cement its market leadership in developing its next generation e-commerce ecosystem in SEA. Raynauld Liang, CEO of the Company, comments, “The Company's success in listing NusaTrip Incorporated into a stand-alone public company is testament of our ability to incubate and grow fast-growing companies into market leaders in the respective fields. We acquired NUTR for an acquisition consideration of under US$5 million in August 2022 and recently listed it on Nasdaq at a market capitalization of over US$70 million. We believe this recent success in creating value for our sha Show less Read more
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